Continue Supporting Our Work After Your Lifetime
Passionate about supporting Saint Mary's Hall with our mission even after your lifetime? It's not only possible, it's easy to do with a beneficiary designation. Just name SMH as a beneficiary to receive assets such as retirement plans and life insurance policies after you're gone. You simply fill out a form that is entirely separate from your will—which makes this approach an easy way to give.
Not only is it an easy way to give, but it's also flexible—you aren't locked into the choices you make today. You can review and adjust beneficiary designations anytime you want.
Check Out This Potential Scenario
A married couple treasures the financial help they've been able to give their children and Saint Mary's Hall over the years. Now that their children are grown, the couple changed their estate plan so it could work harder for the people and causes they love. They updated their wills to leave stocks and real estate to their children. And they left us a $75,000 IRA to be transferred after their death. Because SMH is tax-exempt, all $75,000 will help support our mission.
If these donors had left the IRA to their children, approximately $21,000* would have gone to pay federal income taxes—leaving only $54,000 for their family's use. This couple is happy knowing they are making the most of their hard-earned money thanks to their updated estate plan.
*Based on an assumption of a 28 percent marginal income tax bracket.
Learn How to Fund It
You can name us beneficiary of the following assets:
The information on this website is not intended as legal or tax advice. For such advice, please consult an attorney or tax advisor. Figures cited in examples are for hypothetical purposes only and are subject to change. References to estate and income taxes include federal taxes only. State income/estate taxes or state law may impact your results. Annuities are subject to regulation by the State of California. Payments under this agreement, however, are not protected or otherwise guaranteed by any government agency or the California Life and Health Insurance Guarantee Association. A charitable gift annuity is not regulated by the Oklahoma Insurance Department and is not protected by a guaranty association affiliated with the Oklahoma Insurance Department. Charitable gift annuities are not regulated by and are not under the jurisdiction of the South Dakota Division of Insurance.